
Medium & Heavy Trucks in South Korea
Description
Medium & Heavy Trucks in South Korea
Summary
Medium & Heavy Trucks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Medium & Heavy Trucks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
- The South Korean medium & heavy trucks market recorded revenues of $20 million in 2024, representing a compound annual growth rate (CAGR) of -2.2% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 3.5% between 2019 and 2024, reaching a total of 249.4 thousand units in 2024.
- In 2024, South Korea accounted for a share of 3.2% of the Asia-Pacific medium & heavy trucks market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in South Korea
- Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea medium & heavy trucks market with five year forecasts
- What was the size of the South Korea medium & heavy trucks market by value in 2024?
- What will be the size of the South Korea medium & heavy trucks market in 2029?
- What factors are affecting the strength of competition in the South Korea medium & heavy trucks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's medium & heavy trucks market?
Table of Contents
43 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Hyundai Motor Co
- 8.2. Kia Corp
- 8.3. AB Volvo
- 8.4. Tata Motors Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea medium & heavy trucks market value: $ billion, 2019-24
- Table 2: South Korea medium & heavy trucks market volume: thousand units, 2019-24
- Table 3: South Korea medium & heavy trucks market geography segmentation: $ billion, 2024
- Table 4: South Korea medium & heavy trucks market value forecast: $ billion, 2024-29
- Table 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2024-29
- Table 6: Hyundai Motor Co: Key Facts
- Table 7: Hyundai Motor Co: Annual Financial Ratios
- Table 8: Hyundai Motor Co: Key Employees
- Table 9: Kia Corp: Key Facts
- Table 10: Kia Corp: Annual Financial Ratios
- Table 11: Kia Corp: Key Employees
- Table 12: AB Volvo: Key Facts
- Table 13: AB Volvo: Annual Financial Ratios
- Table 14: AB Volvo: Key Employees
- Table 15: AB Volvo: Key Employees Continued
- Table 16: Tata Motors Ltd: Key Facts
- Table 17: Tata Motors Ltd: Annual Financial Ratios
- Table 18: Tata Motors Ltd: Key Employees
- Table 19: South Korea Exchange Rate, 2019-24
- List of Figures
- Figure 1: South Korea medium & heavy trucks market value: $ billion, 2019-24
- Figure 2: South Korea medium & heavy trucks market volume: thousand units, 2019-24
- Figure 3: South Korea medium & heavy trucks market geography segmentation: % share, by value, 2024
- Figure 4: South Korea medium & heavy trucks market value forecast: $ billion, 2024-29
- Figure 5: South Korea medium & heavy trucks market volume forecast: thousand units, 2024-29
- Figure 6: Forces driving competition in the medium & heavy trucks market in South Korea, 2024
- Figure 7: Drivers of buyer power in the medium & heavy trucks market in South Korea, 2024
- Figure 8: Drivers of supplier power in the medium & heavy trucks market in South Korea, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in South Korea, 2024
- Figure 10: Factors influencing the threat of substitutes in the medium & heavy trucks market in South Korea, 2024
- Figure 11: Drivers of degree of rivalry in the medium & heavy trucks market in South Korea, 2024
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